Laurence Plummer Reviews
Laurence Plummer Life Insurance Investment Service Review from Lyons, Georgia
- - Unlicensed adviser Sims in Plummer's office is jailed; Plummer pushed 250k flex life over 350k whole life; with no explanation, premiums may rise.
When I began business association with Plummer,he had in unlicensed "financial advisor" working in his office named Steve or Stephen Sims. He charged me and other to set up portfolios and is now incarcerated for other crooked acts at a small bank in Somerville,TN I think that caused that bank to close and Plummer had to reimburse the customers Sims handled.
That was just the beginning.
When I could no longer afford the 350,000 WHOLE life insurance policy that was suppose to be an investment,Plummer suggested 250,000 FLEX life insurance bu the did not explain that flex and term are the same. What is worse is my premium will go from 135.00 per month to 1000.00+ per month when I turn 71 years of age!! I will have nothing for 10 years of 135.00 per month.
I asked him to notify me frequently which he failed to do.
I understand the have lots of shannigans at his church also such as purchasing a car for a male "associate". I certainly would not recommend this untrustworthy, selfish person to anyone!!
Great Financial Planning
- - Agree with BBB rating of Plummer Financial Services.
- - Introduced in 1995 for planning, life insurance in 2015, and we are satisfied clients.
I have to agree with the Better Business Bureau and their rating of Laurence Plummer and Plummer Financial services. My wife and I were introduced to Laurence Plummer for financial planning 20 years ago in 1995, 3 months before we got married.
Following his advice, here we are in 2015 with a healthy life insurance coverage that leaves our children more than worry free. We've also learned of other financial options as our money and value grew. To this day we are satisfied clients of Plummer financial.
Our experience with his staff has been with honest, genuine & beneficial.
Jay Hollingshed
- Services
- Prompt follow through
- Information
Background Check
- - Referred by pastor; FINRA BrokerCheck shows a $95,000 settlement.
- - Moved to another firm; clients unhappy; do research before doing business.
After we were referred to him by our Pastor,we looked at his FINRA report on brokercheck on heir website, and ran the other way!! We saw where he settled a compliant from one of his customer for $95,000!
There are other issues as well. You need to look for yourself to determine if you are comfortable doing business with him. My Pastor apologized because he had not checked him out himself. He was very disappointed.
He has since moved his business to another firm. We also talked to some of his current clients.
Many of them were very unhappy with his services! I recommend you do the same before doing business with him.
Laurence Plummer from Memphis TN screws his customers
- - Accuses preacher of selling whole life as an investment for gain; retirement plan was insurance.
- - They paid over $27,000; cash value under $10,000.
This so call preacher sells whole life insurance as an investment because it pays him more than term life insurance! How do you think he paid for his Bentley?
We thought we had a retirement plan, but all we had was insurance! We paid in over $27,000 and could only cash it in for under $10,000! Do not do business with this crook. We are gonna sue this sob!!!
If you know of others who are not happy with him, have them post their complaints here! He operates out of Memphis TN., we do not live there, but look out where ever you live!
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